Bri-Chem Corp. Announces Leadership Transition

Rhea-AI Summary

Bri-Chem (TSX: BRYFF) announced on November 9, 2025 that Don Caron, CEO and former chairman, has departed the company effective immediately.

The Board of Directors has initiated a leadership transition, is overseeing interim management responsibilities, and has commenced a search for a permanent CEO. The company said it expects no disruption to ongoing operations and will provide further updates once a permanent appointment is made.

Board leadership emphasized commitment to operational discipline, customer service, and long-term growth while working to maintain alignment and stakeholder confidence.

Positive

• CEO departure effective Nov 9, 2025
• Board overseeing interim management responsibilities
• Board commenced search for permanent CEO
• Company expects no disruption to operations

Negative

• Immediate CEO departure creates leadership uncertainty
• No timeline provided for naming a permanent CEO

Edmonton, Alberta--(Newsfile Corp. - November 9, 2025) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or the "Company") announced today the departure of Don Caron, Chief Executive Officer (CEO) and former Chairman of the Board, from the Company, effective immediately.

The Board of Directors has initiated a leadership transition process and will be overseeing interim management responsibilities while it commences a search for a suitable successor in the CEO role. The Company expects no disruption to its ongoing operations and continues to execute on its strategic priorities.

Barry Hugghins, Chairman of the Board, said the following: "Bri-Chem remains firmly committed to operational discipline, customer service, and the long-term growth of the business. Our Board and management team are focused on driving alignment and performance across the organization, while earning the confidence of our employees, customers, and shareholders."

Bri-Chem will provide further updates as appropriate once a permanent leadership appointment has been made.

About Bri-Chem Corp.

Bri-Chem is a leading North American wholesale distributor of drilling fluids, and related products to the energy, construction, and industrial sectors. The Company was founded in 1985 and is headquartered in Edmonton, Alberta.

For further information, please contact:

Barry Hugghins

Bri-Chem Corp.

Tel: +1 (225) 802-2664

Email: barry@brichem.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273755

FAQ

Who left Bri-Chem (BRYFF) and when did the departure take effect?

Don Caron, CEO and former chairman, departed effective November 9, 2025.

Who is serving as interim CEO at Bri-Chem (BRYFF)?

The Board of Directors is overseeing interim management responsibilities; no interim CEO was named.

How will the Bri-Chem (BRYFF) leadership change affect operations and customers?

The company said it expects no disruption to ongoing operations and continues executing strategic priorities.

Has Bri-Chem (BRYFF) set a timeline for appointing a permanent CEO?

The Board has commenced a search for a successor but provided no timeline for a permanent appointment.

What should shareholders watch for after the Bri-Chem (BRYFF) CEO departure?

Shareholders should watch for further updates from the company about the permanent CEO appointment and interim leadership.

Where will Bri-Chem (BRYFF) publish updates about the CEO search and leadership transition?

The company said it will provide further updates as appropriate, typically via investor communications and regulatory filings.